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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Bobby Yellin who wrote (12462)6/1/1998 5:04:00 PM
From: bobby beara  Read Replies (2) | Respond to of 116795
 
Hi Bobby, that action in the utility index was remarkable. I think at some point we will get a similar run to gold. Just hold on too your seat. It could come at 68, 62 or 52. I'm thinking sooner rather than later.

There is a ton of money that is sitting in "safe" junk bonds that yield only slightly better than treasuries, some will make it's way to gold and we don't need a lot of liquidity to make the XAU fly.

bwdik,
bb


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